We’re more than just a place to work… we’re a community that believes in culture, working as a team and giving back.
The year was 1939, and in a shipyard in Groton 10 men gathered to chip in $25 each to create a lending institution to help their fellow workers. They put their hard-earned cash inside a shoebox, and they weren’t sure if they’d ever see that $25 investment again.
Today, that $250 packed inside a shoebox has become a $1 billion-plus financial institution called Charter Oak Federal Credit Union – we’re eastern Connecticut’s largest credit union and a leading financial institution in Connecticut. We offer full financial services – banking, investments, insurance and more – with a network of convenient branches located throughout eastern Connecticut.
We’re proud to say that since 1939 we’ve been governed exclusively by our members – not by stockholders. Our Board of Directors is composed entirely of volunteers who receive no compensation for their hard work and are elected by our membership.
Ours is indeed a proud history, steeped with many rich milestones over the decades, but through it all we’ve remained committed to our credit union roots that began modestly enough in that shipyard in Groton.
At Charter Oak, we are proud to offer competitive wages, growth opportunities, sales incentives and annual raises, along with excellent benefits.